The International Tax Authority of the British Virgin Islands has announced the extension of two important BVI Financial Account Reporting System (BVIFARs Portal) deadlines as follows.

(i)            The Enrolment Deadline - to 30 June 2015 (previously 1 June 2015).
(ii)           The Reporting Deadline - to 31 July 2015 (previously 30 June 2015).

Further information about the BVIFARS Portal is available in this April 2015 Harneys update.

If you have any questions in relation to the deadlines or you would like any assistance with the BVIFARs reporting requirements please contact our FATCA Practice Group.

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